Project UpdateMay 1, 2026, 04:08 PM
Petrobras Starts P-79 FPSO at Búzios Field, Adding 180K bpd Capacity
AI Summary
Petrobras announced the start of operations for the P-79 FPSO in the Búzios field, significantly boosting production capacity. This new unit adds 180,000 barrels of oil per day and 7.2 million cubic meters of gas per day. The P-79 is the eighth platform in the Búzios field, which is Brazil's largest in terms of reserves and surpassed 1 million barrels per day last year. The field is planned to house a total of 12 FPSOs, with several more under construction or bidding.
Key Highlights
- P-79 FPSO starts operations in the Búzios field, the eighth platform there.
- Adds 180,000 barrels of oil per day production capacity.
- Adds 7.2 million cubic meters of gas per day compression capacity.
- P-79 is part of the Búzios 8 Production Development project with 14 wells.
- Búzios field is Brazil's largest in reserves, surpassing 1 million bpd last year.
- The Búzios field will eventually house 12 FPSOs.
- Búzios consortium includes Petrobras (operator), CNOOC, CNODC, and PPSA.